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seeking mix use or multifamily with stable HIGH rent income per unit in tri-state. I prefer less units with higher rent THAN more units with each unit at low rent. 1. 25-30 % down payment is enough?2. self manage or...
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Hello BP,Due to my local market of South Florida being way to expensive, I am looking into a new area where I currently own land(up north). Considering this is my first time using a property manager for an investment ...
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I have a 2/1 SFR currently rented. Bought in 2005 at 130k (stupid mistake), worth about 140k today but needs some rehabbing. Current mortgage is 80k. I have a great tenant who pays rent early and never bothers me but ...
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Hello all, I'm a Realtor wanting to get into the investing side of the business, But I'm not sure if it will be easier to maybe get into a tradional job with a W2 for the purpose to qualify for financing etc, I love ...
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Does anyone have any experience in borrowing money from our self directed IRA as a down payment for our personal primary residence? I am looking to put about $112k in mine and my wifes IRA then pull the money out as ...
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Hi BP - Curious who else has put some thought behind this and any other strategies you are employing now, while you are a W2 employee, to set yourself up when you want to quit "from the man" and continue rolling with ...
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From my understanding, long-term rental income is not considered "earned income" but what about the income from a STR or MTR if I self-manage the rental?
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Hi BP community. This is the first of many posts to the BP forums. Looking forward to learning from everyone and being able to give back to the community.
My wife and I started into real estate when we moved into a ...
We just got shut done on a Self Storage Project in a rural community. The land use plan basically talks about exclusively agriculture only and no commerical use. How does a person begin to navigate getting approval ...
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After reading lots on this forum, I realize that I do not need to create an LLC but an S-Corp for purpose of (personal liability protection only) . Since the taxing will pass through to my personal income thus the sa...